need 3rd position behind OD and Rapid
Need a Funder or Vendor? START HERE

Results 1 to 25 of 44

Threaded View

  1. #12
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Carl

    everyone sees things differently, I strongly suggest you contact the International factoring association and watch the video of Jeremy Browns chaired session Topic "MCA friends or Foe" Jeremy did a great job discussing the business model and how Rapid can help businesses with cash flow (loved it!! ), When Jeremy was done about 200 Factoring Participants started attacking MCA (at the Q&A) NOT at Jeremy personally (they understood that Jeremy is the real deal) and a dozen or so started shouting and screaming and other MCA players in the crowed they were describing MCA (I'm talking about Rapid style or breakout and all the guys equally) to be a horrible product and its killing entire factoring business and putting "clients under" and they were discussing FIRST POSITION LONG TERM DEALS HOUSES (NOT STACK) as a real enemy to the factoring business as well as the clients.

    TO-DATE I have never seen someone describe a stack anywhere as bad the way the factoring executives (and some are Billion Plus in funding per year) were discussing the havoc an A paper MCA.

    So yes Carl, Factoring companies look at a A Paper with the same eyes you see a 5th position funding group. (perhaps much worse). those who do not believe me take my challange and buy from the IFA the recording event. (its not about Jeremy he did a great job...it was the response from the Factoring World.
    Last edited by mcaguru; 09-07-2016 at 09:22 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

Similar Threads

  1. Pearl is suing Rapid to say that Rapid can't sue them for stacking!!
    By isaacdstern in forum Merchant Cash Advance
    Replies: 73
    Last Post: 09-14-2017, 05:39 PM
  2. Just Received this from RAPID
    By Chambo in forum Merchant Cash Advance
    Replies: 3
    Last Post: 03-22-2016, 03:56 PM
  3. Rapid Advance
    By CannonCap in forum Merchant Cash Advance
    Replies: 2
    Last Post: 12-03-2015, 01:58 PM
  4. SBFS = Rapid or BFS?
    By ADiamond in forum Merchant Cash Advance
    Replies: 3
    Last Post: 07-02-2015, 02:50 PM
  5. Rapid Advance (MD)
    By Jared_Weitz in forum Merchant Cash Advance
    Replies: 12
    Last Post: 05-21-2014, 06:18 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY